If you are considering going ‘freelance’ then you are part of the freelance movement in the US!
People are starting to embrace their fear of the unknown and leave their 9-to-5 jobs in pursuit of the American Dream. They want to make more money than the typical job is willing to pay them.
It is a bit of a ‘eat what you kill’ type of mindset – you can get paid as a freelancer based on the value that you provide to your clients. Not what your company ‘thinks’ you are worth (hint: it is never what you are actually worth!).
Freelance websites have given rise to a ‘gig’ economy that makes it easier than ever to set up your home freelance business and make money online by helping clients with their needs. Freelancers are rapidly growing in number – outpacing conventional W2 employees over the last few years.
In short – now is the time to become a freelancer!
Here are my top 5 favorite freelance ideas that are easily achievable and well paid. Let’s get started!
Disclosure: Please note that some of the links on this page are affiliate links. This means that we may earn a commission, at no cost to you, if you decide to make a purchase after clicking through the link. Please understand that we have experienced all of these companies, and we recommend them because they are helpful and useful, not because of the small commissions that we receive if you decide to buy something through our links. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.
#1 Freelance Proofreading
If you enjoy reading and writing, then you might be well-suited to become a freelance proofreader! There is a very high demand for freelance proofreader’s in the online blogging community (I know I could use one!).
General proofreading can include almost any type of document, from legal papers to a doctoral thesis. Any document that has to be very polished, is potential work for the freelance proofreader!
So, if you enjoy reading and correcting the written word, you might want to consider starting your own proofreading business. The startup costs are extremely low and the pay can vary from $10 – $65 per hour depending on your experience and type of work.
What does it take to become a freelance proofreader? The majority of people have what it takes to start proofreading, but it does help to invest in your education by taking a freelance proofreading course. A course will help to dramatically enhance your learning curve and help you to earn more, much more quickly.
Caitlin Pyle is an experienced freelance proofreader that has written what is widely considered to be the best freelance proofreading course.
Caitlin’s course has been responsible for many people leaving their jobs to pursue their dream of running their own business! The course is very comprehensive and it shows you exactly how to find clients and teaches you how to be the most efficient proofreader possible!
Caitlin was able to generate $50,000 per year working part-time as a freelance proofreader – while traveling the world. How cool is that?
#2 Freelance Transcription Services
Transcribing is the art of converting the spoken word into a professional written document. You can start as a freelance transcriber with a minimal investment ($100 or so).
There is a high demand, especially in the legal field, for freelance transcribers. Lawyers are notorious for long rambling client interviews or aggressive arguments with other lawyers. These exchanges are usually audio recorded and they need a transcriber to convert them into documents for their records. It is cheaper to pay a freelancer to do this transcription work than to hire a full-time assistant.
There is very little competition for this type of legal transcription work – maybe because people are intimidated by it or think it sounds boring. I have heard that it is actually pretty funny to listen to lawyers arguing as you transcribe their ramblings!
Legal transcription can be quite profitable! Many people are earning up to $60,000 per year as freelance proofreader’s.
Transcription is an acquired skill, we recommend taking a good course to learn how to do it well – it will save you time and money in the long run!
Our favorite transcription course is called Transcribe Anywhere. It teaches you everything you need to know about transcription freelancing.
#3 Facebook Advertising for Bloggers and Small Businesses
You can make a few thousand dollars extra every month by becoming a digital marketing freelancer for local small businesses or even bloggers. In particular, Facebook ads can be very profitable for clients and their businesses. If you can set up, run and manage Facebook ads for clients, they are prepared to pay you very well.
Facebook ad campaigns are very lucrative – the industry standard is about $1500 per month per client! If you know what you are doing, Facebook ads do not take much time to set up and run. Typically, each campaign will only take a few hours a week.
Business owners will pay you to set up Facebook ads for them because they can start with a small budget and scale as the campaigns become profitable. Most business owners only want to focus on what they are good at! They would rather just hire a digital marketer to do their ads.
Your service to the business owners can be extremely beneficial to them. They pay you $1500, and the cost of the ads (say another $2000) and you deliver them a ton of new customers worth thousands of dollars each! You can literally give them 20 times their monthly investment back!
A guy called Bobby Hoyt, a world expert in Facebook ads, has a great course that we recently bought. You can check out his Facebook ads course here where he teaches his exact strategies for getting the lowest cost clicks to a clients website to maximize profits! This course is a must if you want to be an expert at Facebook ads!
#4 Become a Scopist
What is a scopist I hear you ask!? A Scopist is an editor for a court report. This means that you can work at home editing court documents and get paid a decent amount to do it!
Court reporters type in a weird shorthand called Stenotype. This needs to be translated by a scopist, and the document brought up to a readable standard. Scopists need to be very good at converting Stenotype to actual English. They also need to be very good at spelling, grammar and general editing.
Scoping is a great freelance work at home business – it pays up to about $60,000 per year. You do need to be well-trained in order to get hired by court reports. We recommend attending the best Internet Scoping School run by Linda Evenson. Linda has been a scopist for over 35 years and her school is the industry standard! People will hire a scopist on the spot if they have attended Linda’s scoping school.
If you are a good writer and love writing about particular subjects, then you could try being a blogger! Many people don’t realize it, but bloggers can make over $100,000 per month! Just check out the story of Michelle Schroeder-Gartner! Michelle is a multi-millionaire from her blog.
You can make money by selling products, advertising and affiliate marketing (selling other people’s products for a commission). The road to blogging riches is extremely difficult, but for those that make it – true financial freedom and passive income await!
We have been blogging for a few years now and we make more than we ever did at our conventional day jobs. We make 5-figures per month on a regular basis and we continue to grow. The sky is the limit with blogging! You can check out our blogs at UnconventionalProsperity.com and Stockmillionaires.com.
I hope that this article has given you a few freelance business ideas that you can do from home!